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Engage
Blockchain x
Mainstream
Jason Goldberg, Chief Executive Officer, OST @betashop
Ben Bollen, Chief Blockchain Scientist, OST @benjaminbollen
Q&A: Preeti Varathan, Quartz News @preeti_varathan

Panelist: Mark Bonchek, Chief Epiphany Officer, Shift Thinking @MarkBonchek
19 June, 2018
1993 Internet: Early Stage Technology + Tons of Promise
1993 Internet — Before the 1st bubble, before the big crash, and way before the major boom
1993 Internet: Consumer Confusion
2018 Blockchain: Early Stage Technology + Hype + Uncertainty + Tons of Promise
Curiosity
Hype
Uncertainty
2018 Blockchain: Early Stage Technology + Hype + Uncertainty + Tons of Promise
2018 Blockchain: Early Stage Technology + Hype + Uncertainty + Tons of Promise
2018 Blockchain: Early Stage Technology + Hype + Uncertainty + Tons of Promise
2018 Blockchain: Early Stage Technology + Hype + Uncertainty + Tons of Promise
2018 Blockchain: Still Early Days
Crypto Wallets
Twitter Users
Instagram Users
WeChat Payments Users
WhatsApp Users
Facebook Users
Global Smartphone Users
Globel Internet Users
16
310
700
800
1,300
2,000
2,700
3,300
25
Users in Millions
Less Than 0.8% of Internet Users Have A Crypto Wallet
2018 Blockchain: Still Early Days, But Growing Steadily.
2018 Blockchain: 2017 to 2018 Ethereum — charting the programmable blockchain
Cultural Phenomenon
Cultural PhenomenonTechnology Phenomenon
aha
Awesome
wave of innovation
–Johnny Appleseed
“Type a quote here.”
2018 Blockchain: Protocols
2018 Blockchain: Write a Smart Contract
2018 Blockchain: Deploy Contract
2018 Blockchain: Ahm
2018 Blockchain: Still Early Days
Crypto Wallets
Twitter Users
Instagram Users
WeChat Payments Users
WhatsApp Users
Facebook Users
Global Smartphone Users
Globel Internet Users
16
310
700
800
1,300
2,000
2,700
3,300
25
Users in Millions
Less Than 0.8% of Internet Users Have A Crypto Wallet
Blockchain: Build a Stronger & More Customer-Centric Business
High user
engagement
New revenue
streams
Strong
community
•Target growth drivers with incentives and rewards
•Incentivize desired user behaviors
•Reward value creation and contributions
•Immutability of every transaction on blockchain
•Create a vibrant interoperable ecosystem
•Loyalty reinvented = empowerment
T O K E N I Z E
M O N E T I Z E
O P T I M I Z E
•Full-loop economy
•Micro interactions
•Peer-to-peer transactions
•B2C, C2B, B2B
•Stay ahead of competitors
•Build a moat around business
•Reduce reliance on FB, Google and Apple
•Disrupt incumbent business models
Unsplash: The World’s Largest Utility for Free High Quality Photography
Huge & Growing Fast

• 6 Billion photo views per
month, up from 5B earlier
this year. 2323 views per
second.

• 782 Million API calls per
month.

• 450 Million photos
downloaded.

• Featured photos on
Unsplash get more views
than anywhere else. More
than Instagram or the New
York Times.
Unsplash: Decentralizing Photography & Displacing the Incumbents
Unsplash: Expanding & Decentralizing the Market
Decentralization
of Photography
Unsplash: Towards a New Currency for Photography
Unsplash Blockchain Opportunities

•Fair, open, rewarding economy. Global. Trusted.

•Incentivize high value actions.

•Reward micro-interactions.

•Create a full loop earn, buy, spend economy.
Token Design & Economics
Buy
Sell
Earn Spend
1!
2!
3! 4!
Mass user:
•  Buy more tokens to spend more on a
better range of product/services
•  Earn more tokens by increasing
engagement on platform
•  Keep low rate of selling
Power user:
•  Maximize token earning, allow power
users to make a living selling tokens
•  Increase spending to further increase
user visibility, enabling more earning
•  Minimize need to buy tokens
But: Unsplash Can’t Just Move Onto a Public Blockchain Themselves
Consumer Business
An Ethereum Token
could help solve this!
• Disrupt incumbents
• Reduce value leakage to
Facebook, Google, Apple
WANTS
• Engagement
• Growth
• Monetization
NEEDS
CAUTION!
BUT
AHA!
Tokenization is Hard,
and not Consumer App
Plug-n-Play
• Incentivize users
• Reward value creation
• Monetize micro-transactions
• Decentralize
• Link value realization to value creation
• Interoperability to other services
• High costs: >$500K to ICO (legal, tax,
advisory)
• High effort & complexity: not core com-
petency
• High risk: legal, regulatory, tax, security,
fraud
• High technology constraints: No existing
consumer protocols, Ethereum is not
ready for high volume, high transaction
costs, challenging user experiences
A Blockchain Token
>$1M to ICO (legal, tax,
advisory)
Scalability
Key Management
Token Rules
Management Dashboards
Example: Hard Problems
KYC, AML, Crypto-Fiat Exchange
aha!
Companies Need Software & Services to Make Sense of Protocols
CRM
Messaging
Video
Payments
Everything
Challenges Informing the OST Tech Stack 

— to Enable the Unsplash’s of the World to Tokenize
• Scalability: Blockchain transactions at Internet grade.

• Usability: To high expectations of business and consumer users.

• Integration: With existing applications and services (and regulations).

• Trust: To ensure finality of transactions, without central authorities.

• Liquidity: Between tokens, across blockchains, with currencies.
OST: Technology to take Blockchain to the Mainstream
OST: Full Stack — Protocol, Middleware, Software for Tokenization
Protocol solves
scalability challenges of
Ethereum while
enabling white-label
tokens.
Middleware
developer APIs and
SDK for plug and
play integration
SaaS blockchain
management tools.
OST: Full Stack — Protocol, Middleware, Software for Tokenization
Protocol solves
scalability challenges of
Ethereum while
enabling white-label
tokens.
Middleware
developer APIs and
SDK for plug and
play integration
SaaS blockchain
management tools.
OST: Full Stack — Protocol, Middleware, Software for Tokenization
Protocol solves
scalability challenges of
Ethereum while
enabling white-label
tokens.
Middleware
developer APIs and
SDK for plug and
play integration
SaaS blockchain
management tools.
OST: Full Stack — Protocol, Middleware, Software for Tokenization
Protocol solves
scalability challenges of
Ethereum while
enabling white-label
tokens.
Middleware
developer APIs and
SDK for plug and
play integration
SaaS blockchain
management tools.
OST: Full Stack — Protocol, Middleware, Software for Tokenization
Protocol solves
scalability challenges of
Ethereum while
enabling white-label
tokens.
Middleware
developer APIs and
SDK for plug and
play integration
SaaS blockchain
management tools.
OST: Full Stack — Protocol, Middleware, Software for Tokenization
dev.ost.com
OST: Full Stack — Protocol, Middleware, Software for Tokenization
Protocol solves
scalability challenges of
Ethereum while
enabling white-label
tokens.
Middleware
developer APIs and
SDK for plug and
play integration
SaaS blockchain
management tools.
Just Completed OST Alpha Phase II
Oct 2017 Nov 2017 Dec 2017 Mar 2018 May 2018
OpenST Protocol 0.9.0
Proof of Utility
ICO
OpenST Protocol 0.9.1
Mainnet
OST KIT⍺ I: Public stress test,
OST APIs and SDK v0,
OpenST Protocol 0.9.2
OST KIT⍺ II: 140+ developer POCs
OST API v1
June 2018 Q3 Q4
OST KIT
OST KIT⍺ III
OST KITβ
OpenST Mainnet
OpenST enables Branded Tokens
to be minted and transferred on
Ethereum-based utility
blockchains, backed by staked
OST on public Ethereum.
OST KIT and OST APIs enable
software developers to easily
create, integrate and manage
branded tokens on OpenST.
Just Completed OST Alpha Phase II
Just Completed OST Alpha Phase II
Engage
Blockchain x
Mainstream
Jason Goldberg, Chief Executive Officer, OST @betashop
Ben Bollen, Chief Blockchain Scientist, OST @benjaminbollen
Q&A: Preeti Varathan, Quartz News @preeti_varathan

Panelist: Mark Bonchek, Chief Epiphany Officer, Shift Thinking @MarkBonchek
19 June, 2018

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Blockchain Mainstream Engagement

  • 1. Engage Blockchain x Mainstream Jason Goldberg, Chief Executive Officer, OST @betashop Ben Bollen, Chief Blockchain Scientist, OST @benjaminbollen Q&A: Preeti Varathan, Quartz News @preeti_varathan
 Panelist: Mark Bonchek, Chief Epiphany Officer, Shift Thinking @MarkBonchek 19 June, 2018
  • 2. 1993 Internet: Early Stage Technology + Tons of Promise
  • 3. 1993 Internet — Before the 1st bubble, before the big crash, and way before the major boom
  • 5. 2018 Blockchain: Early Stage Technology + Hype + Uncertainty + Tons of Promise Curiosity Hype Uncertainty
  • 6. 2018 Blockchain: Early Stage Technology + Hype + Uncertainty + Tons of Promise
  • 7. 2018 Blockchain: Early Stage Technology + Hype + Uncertainty + Tons of Promise
  • 8. 2018 Blockchain: Early Stage Technology + Hype + Uncertainty + Tons of Promise
  • 9. 2018 Blockchain: Early Stage Technology + Hype + Uncertainty + Tons of Promise
  • 10. 2018 Blockchain: Still Early Days Crypto Wallets Twitter Users Instagram Users WeChat Payments Users WhatsApp Users Facebook Users Global Smartphone Users Globel Internet Users 16 310 700 800 1,300 2,000 2,700 3,300 25 Users in Millions Less Than 0.8% of Internet Users Have A Crypto Wallet
  • 11. 2018 Blockchain: Still Early Days, But Growing Steadily.
  • 12. 2018 Blockchain: 2017 to 2018 Ethereum — charting the programmable blockchain
  • 18. 2018 Blockchain: Write a Smart Contract
  • 21. 2018 Blockchain: Still Early Days Crypto Wallets Twitter Users Instagram Users WeChat Payments Users WhatsApp Users Facebook Users Global Smartphone Users Globel Internet Users 16 310 700 800 1,300 2,000 2,700 3,300 25 Users in Millions Less Than 0.8% of Internet Users Have A Crypto Wallet
  • 22. Blockchain: Build a Stronger & More Customer-Centric Business High user engagement New revenue streams Strong community •Target growth drivers with incentives and rewards •Incentivize desired user behaviors •Reward value creation and contributions •Immutability of every transaction on blockchain •Create a vibrant interoperable ecosystem •Loyalty reinvented = empowerment T O K E N I Z E M O N E T I Z E O P T I M I Z E •Full-loop economy •Micro interactions •Peer-to-peer transactions •B2C, C2B, B2B •Stay ahead of competitors •Build a moat around business •Reduce reliance on FB, Google and Apple •Disrupt incumbent business models
  • 23.
  • 24. Unsplash: The World’s Largest Utility for Free High Quality Photography Huge & Growing Fast
 • 6 Billion photo views per month, up from 5B earlier this year. 2323 views per second.
 • 782 Million API calls per month.
 • 450 Million photos downloaded.
 • Featured photos on Unsplash get more views than anywhere else. More than Instagram or the New York Times.
  • 25. Unsplash: Decentralizing Photography & Displacing the Incumbents
  • 26. Unsplash: Expanding & Decentralizing the Market Decentralization of Photography
  • 27. Unsplash: Towards a New Currency for Photography
  • 28. Unsplash Blockchain Opportunities
 •Fair, open, rewarding economy. Global. Trusted.
 •Incentivize high value actions.
 •Reward micro-interactions.
 •Create a full loop earn, buy, spend economy.
  • 29. Token Design & Economics Buy Sell Earn Spend 1! 2! 3! 4! Mass user: •  Buy more tokens to spend more on a better range of product/services •  Earn more tokens by increasing engagement on platform •  Keep low rate of selling Power user: •  Maximize token earning, allow power users to make a living selling tokens •  Increase spending to further increase user visibility, enabling more earning •  Minimize need to buy tokens
  • 30. But: Unsplash Can’t Just Move Onto a Public Blockchain Themselves Consumer Business An Ethereum Token could help solve this! • Disrupt incumbents • Reduce value leakage to Facebook, Google, Apple WANTS • Engagement • Growth • Monetization NEEDS CAUTION! BUT AHA! Tokenization is Hard, and not Consumer App Plug-n-Play • Incentivize users • Reward value creation • Monetize micro-transactions • Decentralize • Link value realization to value creation • Interoperability to other services • High costs: >$500K to ICO (legal, tax, advisory) • High effort & complexity: not core com- petency • High risk: legal, regulatory, tax, security, fraud • High technology constraints: No existing consumer protocols, Ethereum is not ready for high volume, high transaction costs, challenging user experiences A Blockchain Token >$1M to ICO (legal, tax, advisory) Scalability Key Management Token Rules Management Dashboards Example: Hard Problems KYC, AML, Crypto-Fiat Exchange
  • 31. aha!
  • 32. Companies Need Software & Services to Make Sense of Protocols CRM Messaging Video Payments Everything
  • 33. Challenges Informing the OST Tech Stack 
 — to Enable the Unsplash’s of the World to Tokenize • Scalability: Blockchain transactions at Internet grade.
 • Usability: To high expectations of business and consumer users.
 • Integration: With existing applications and services (and regulations).
 • Trust: To ensure finality of transactions, without central authorities.
 • Liquidity: Between tokens, across blockchains, with currencies.
  • 34. OST: Technology to take Blockchain to the Mainstream
  • 35. OST: Full Stack — Protocol, Middleware, Software for Tokenization Protocol solves scalability challenges of Ethereum while enabling white-label tokens. Middleware developer APIs and SDK for plug and play integration SaaS blockchain management tools.
  • 36. OST: Full Stack — Protocol, Middleware, Software for Tokenization Protocol solves scalability challenges of Ethereum while enabling white-label tokens. Middleware developer APIs and SDK for plug and play integration SaaS blockchain management tools.
  • 37. OST: Full Stack — Protocol, Middleware, Software for Tokenization Protocol solves scalability challenges of Ethereum while enabling white-label tokens. Middleware developer APIs and SDK for plug and play integration SaaS blockchain management tools.
  • 38. OST: Full Stack — Protocol, Middleware, Software for Tokenization Protocol solves scalability challenges of Ethereum while enabling white-label tokens. Middleware developer APIs and SDK for plug and play integration SaaS blockchain management tools.
  • 39. OST: Full Stack — Protocol, Middleware, Software for Tokenization Protocol solves scalability challenges of Ethereum while enabling white-label tokens. Middleware developer APIs and SDK for plug and play integration SaaS blockchain management tools.
  • 40. OST: Full Stack — Protocol, Middleware, Software for Tokenization dev.ost.com
  • 41. OST: Full Stack — Protocol, Middleware, Software for Tokenization Protocol solves scalability challenges of Ethereum while enabling white-label tokens. Middleware developer APIs and SDK for plug and play integration SaaS blockchain management tools.
  • 42. Just Completed OST Alpha Phase II Oct 2017 Nov 2017 Dec 2017 Mar 2018 May 2018 OpenST Protocol 0.9.0 Proof of Utility ICO OpenST Protocol 0.9.1 Mainnet OST KIT⍺ I: Public stress test, OST APIs and SDK v0, OpenST Protocol 0.9.2 OST KIT⍺ II: 140+ developer POCs OST API v1 June 2018 Q3 Q4 OST KIT OST KIT⍺ III OST KITβ OpenST Mainnet OpenST enables Branded Tokens to be minted and transferred on Ethereum-based utility blockchains, backed by staked OST on public Ethereum. OST KIT and OST APIs enable software developers to easily create, integrate and manage branded tokens on OpenST.
  • 43. Just Completed OST Alpha Phase II
  • 44. Just Completed OST Alpha Phase II
  • 45. Engage Blockchain x Mainstream Jason Goldberg, Chief Executive Officer, OST @betashop Ben Bollen, Chief Blockchain Scientist, OST @benjaminbollen Q&A: Preeti Varathan, Quartz News @preeti_varathan
 Panelist: Mark Bonchek, Chief Epiphany Officer, Shift Thinking @MarkBonchek 19 June, 2018